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Cash is (still) King. According to studies carried out by ECB, cash is still the most common form of payment in Europe. Cash accounts for more than three quarters of in store transactions in the euro area last year. Despite the huge uprising and hype surrounding contactless payment cards and mobile wallets, 79% of transactions at the checkout where carried out and completed using cash last year. This amounts to around 54% of the total value of payments, in contrast… cards were used for only 19% of in store transactions and made up for 39% of the total value of payments. The data shows a geological divide: the southern euro area countries such as in Germany and Austria, show that more than 80% of POS payments were made in cash…

Point of sale software’s: Uses and Applications POS systems are rapidly evolving, the days of large expensive and clunky mechanisms are long gone. If you have been to an apple shop recently you will probably have noticed that there is no checkout. The staff now use mobile tablets that have POS software installed on them which means that the member of staff can take payment at any point In the store. Not only does this mean good things for retail and such but also, craft fairs, trade shows and farmers marketing can massively benefit from this as they now have easy access to payment receivers instead of using expensive hardware or dealing in cash. Here our some more points about POS you should know. What is POS software? POS (Point…

New AI technology is introduced to POS systems. POS goliath Vend, has just introduced its very own AI assistant named Dott to its POS systems. Dott has been designed to analyse the information that a retailer processes and stores in Vend, it can then make specific suggestions on what is best to do next as a business. “AI means many things to different people, from talking to Siri to autonomous cars. We wanted to simply present Vend as if you had a partner in your retail business that greeted you every day and was keeping an eye on things 24/7, making really smart suggestions on what to do next to grow,” said Vend founder Vaughan Rowsell. The name comes from the idea of helping retailers “join the dots”. Dott will…

The Top Benefits to using a Cloud Based POS System Point of sale (POS) systems continue to advance at an astonishing rate, even cloud technology has made its way into the POS industry, and many businesses are learning about the pros that come with using cloud based POS technology. In this modern age, people are now leaning to streamlined and compact customs that are compatible with smartphones and tablets rather than the old traditional style cash register and POS system. In the last few recent years, web-based and cloud POS systems have become way more prominent and below are a few reasons to why that has happened. 1 – Mobile and Flexible Cloud based POS software works from an internet browser, this means that it can be accessed from things…

The Top Selling POS brands of 2017 Like everything in life there are always top competitors and brands fighting for dominance their industry. The POS world is no different, top brands daily commence in SEO battles and try one upping each other in terms of price, service and support. Often, brands use specific terms such as ‘Expertly advanced hardware’ & ‘One of the leading suppliers in…’ and in all fairness, they have given themselves these titles. Today we are going to go through the TOP 10 bestselling POS brands of 2017 so you know who is running the show round here. (NOT IN ORDER) Citizen Citizen Systems have been providing calculators and printers since 1964. The company is a fully owned subsidiary of the Citizen group of companies, famous…

Business Tips you need for this Holiday Season 2017 is sadly coming to an end, but just before we depart for 2018 we have one big holiday left and that is Christmas. Many companies do not consider the season to start until black Friday, but despite that it is always better to prepare yourself for the coming weeks. Here are a few tips that we think will help this winter. Put Extra Effort into Customer Service Due to busy towns and shopping centres during the holiday it is easy for shoppers to become grumpy and frustrated and sometimes it is an inconsiderate member of staff that can send them over the edge. That is why we feel it is very important for members of staff to be extra nice and…

Top Tips when using POS for Retail Managers At first look, you may see a POS system as a one-sided product that only can perform certain tasks and that is it. Little do people know about the marketable side of POS systems. Most retail managers do not use or even try to implement the various features that come with POS systems. It can drastically improve the efficiency and profitability of a business if the POS us set up correctly. Here are some tips you should use when using POS. Clean up the Pay Screen. As said above, many POS pay screens have unused options. These can cause issues for both the staff and customer, holdups at the cash register can be annoying for customers and lead them to think…

The world of POS is confusing, what makes a good POS software? We encounter them almost every day, POS terminals and systems. These are used in most stores to accept payments from customers. You simply insert the card and enter your pin OR new technology allows people just to swipe the card over a scanner that reads the chip. These methods are different, but they are always carried out on a POS system. Many people know what they are but do not know what makes a good terminal. That is why today we are going to give you a few points on what makes a good POS terminal. User-Friendly Interface This must be one of the most crucial points when using a POS system. Many people and business owners think…

The Good the Bad and the Ugly sides of Contactless Payment A new wave has hit the market that some are glad about and others are not too happy, either pay contactless payment is here and ready to use. Fast food restaurants, petrol stations and retail stores now all accept contactless payment. But what good does this bring? Does it out weigh the bad? That is what we are going to find out. Contactless payment was introduced back in 2007 in the UK, the people were slow to embrace it but now it is a house hold name and over 1,000,000 contactless cards have been issued since then. The UK alone spends over 3 million sterling pounds a month using this method and the average amount of spends at once…

After discussing some of the vitals you can achieve by going wireless, we thought it would be a clever idea to compare wired and wireless networks and find out what some more advantages and disadvantages are for each. Although most modern business have gone wireless, some are sceptical about security and functionality. Let’s have a look at what both has to offer. Advantages of Wired Networks Security As wired networks are connected by physically plugging in a cable from one device to another, it is much more difficult to access them without authorization. There is no opportunity for someone wandering past your office windows to hack into your wireless network, for example. There's no need to give out wireless access keys -- a device physically connected to the network…